2611 Princeton Street
2611 Princeton Street
$1,812,000
12
4
—
—
—
Closed 11/9/21
Description
Not an average complex. All 8 units are good size 8 SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft. VERY HIGH DEMAND 3 bedroom floor plans. Selling at >6.1% CAP RATE; very low expenses. All 8 Units interior were upgraded after last purchase in 2018 and one unit upgraded recently in July. Exterior paint done, Parking lot improved, significant landscaping and all interior of all 8 units remodeled. Gross rent more than doubled...Not an average complex. All 8 units are good size 8 SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft. VERY HIGH DEMAND 3 bedroom floor plans. Selling at >6.1% CAP RATE; very low expenses. All 8 Units interior were upgraded after last purchase in 2018 and one unit upgraded recently in July. Exterior paint done, Parking lot improved, significant landscaping and all interior of all 8 units remodeled. Gross rent more than doubled since the seller purchased it in 2018.
- Listed by Sandeep Gupta • DRE #01984344 • Sandeep Gupta, Broker
Property Details for 2611 Princeton Street
Directions to Property
80E to el camino Ave - turn right on princeton st. Property is corner lot of Princeton and Frienza. 4 units on Princeton address 2611-2623 and 4 units at Frienza Ave address 1563-1569
Parking Features1+ Space Per Unit, Carport/Pad
Architectural StyleCottage/Bungalow
ZoningR-2A
Cross StreetFrienza
Total Parking Spaces0
Location
LISTING UPDATED: 01/18/2023 08:40 AM
Property Details for 2611 Princeton Street
Status | Closed |
---|---|
MLS # | 20061503 |
Days on Compass | 371 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1959 |
Lot Size | 0.79 AC / 34,412 SF |
County | Sacramento County |
Location
Building Information for 2611 Princeton Street
Stories1Residences8Year Built1959Building Size-Lot Size0.79 AC / 34,412 SF
Payment Calculator
$9,889 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2611 Princeton Street
Property History for 2611 Princeton Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2611 Princeton Street
This home is within Twin Rivers Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 1 to 12 |
Rating | School | Distance |
---|---|---|
D. W. Babcock Elementary School PublicK to 6 | ||
Martin Luther King Jr. Technology Academy Public7 to 8 | ||
Grant Union High School Public9 to 12 | ||
Highlands Community Charter Charter1 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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